Energy management company KULR Technology Group has acquired a vibration reduction capability originally developed to balance helicopter rotors that it plans to expand to “anything that spins,” from electric motors to wind turbines.

China’s XPeng AeroHT has completed the first public flight of its fifth-generation X2 electric vertical takeoff and landing aircraft, in Dubai, as it prepares to release details of its planned sixth-generation fly/drive vehicle.

South Korean startup Plana has secured $9 million in pre-Series A funding to continue development of its planned hybrid-electric vertical takeoff and landing air taxi.

The 2022 edition of the National Business Aviation Association’s Business Aviation Convention and Exhibition (NBAA-BACE) is the second since COVID-19 first threatened business aviation’s existence then turbocharged the industry’s growth. 

Despite rising inflation, increases in interest rates and a fluctuating stock market, business jet market demand signals are strong, experts say.

Flexjet has announced a definitive business combination agreement with Horizon Acquisition Corp., a publicly traded SPAC, that will result in Flexjet becoming a publicly listed company.

GARMIN plans imminently to receive EASA approval for its G5000 flight deck on Cessna Citation Excel and Citation XLS.

FLEXJET, OH agreed to combine with HORIZON ACQUISITION CORPORATION II and will become a publicly listed company on NYSE; transaction, anticipated to…